NEW YORK, May 7--NTT Communications, a unit of Nippon
Telegraph and Telephone Corp. said it would buy the
90% of Web site manager Verio it does not
already own for about $5.5 billion. Under the agreement, Tokyo-based NTT
will acquire Englewood, Colo.-based Verio for $60 a share. The total value
of the deal does not include the 10% of Verio shares, worth about $500
million that NTT bought in May 1998, NTT said.